An oldie, but definitely a goodie. Somehow, storing records in crates is one of the most easiest and affordable ideas. Check on sites like eBay and Amazon for inexpensive wooden or plastic crates that have handles on the sides and can accommodate standard LP albums. You can purchase them in bulk and stack them on top of one another or on their sides so they don't take up a lot of space.

While a storage unit which is far away from your location might be cost-effective, it will increase the cost of traveling and transport drastically. Hence, be on the lookout for a storage facility that is not too far away from your place, and is easily accessible. There are a few online websites that will help you to find a storage facility in the vicinity of your home.

These usually come fitted with drawers, and are kept besides couches or sofas. Also known as credenzas or buffets, these can be used to show off your cutlery, or even used to store bottles if you own a bar.